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Zrid Safety Devices Manufacturer For Sale
Location Australia
Asking Price Range $10.0M - $20.0M
Gross Revenues $1000000
Net Profit / Cash Flow $150000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2004
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Owned
Reason for Sale Owner wants to retire.
Description With safety becoming a number 1 priority in the workplace today, ZRID is in the forefront by manufacturing safety devices for welding machines and power tools. The unique patented technology gives the ZRID company an advantage over other worldwide competitors.
ZRID devices comply with international welding standard IEC 60974.1, it is also certified by NATA, been given a C-tick approval (N13310), has done a SIL (safety integrity level) test and found to be in the range of SIL1 reliability performance. SIL1 reliability performance required less then one failure per 100,000 hours.
ZRID products increase productivity, provides the user with very high personal safety protection, reduces LTI (lost time injury), MTI (management time injury), RSI (repetitive strain injury), dramatically reduces insurance claim and medical expenses.
ZRID products and design has no limit as the where it can be used. It can be used in different applications ranging from home appliances to industrial, shipyards, mining/oil and gas sections. All operations can be done via a remote control or mechanical switching system and can be redesigned to the customers preference.
With patents in EU, USA, Canada and Australia, ZRID can become a successful and profitable worldwide company servicing the millions of welding machines and power tools in the market. With an estimated patent value of $100M and stock/assest worth $5M, ZRID is a company worth investing/buying into and can become a billion dollar company with the right investor/buyer.
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